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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CUBI
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Green day on Friday for Customers Bancorp Inc stock after gaining 1.79%
(Updated on May 03, 2024)

Sell candidate since Apr 26, 2024 Gain 3.05% PDF

The Customers Bancorp Inc stock price gained 1.79% on the last trading day (Friday, 3rd May 2024), rising from $47.40 to $48.25. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.45% from a day low at $47.76 to a day high of $48.93. The price has risen in 6 of the last 10 days and is up by 0.06% over the past 2 weeks. Volume fell on the last day by -64 thousand shares and in total, 207 thousand shares were bought and sold for approximately $9.98 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.74% during the next 3 months and, with a 90% probability hold a price between $40.98 and $46.60 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CUBI Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 5.65%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Customers Bancorp Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $49.79. On a fall, the stock will find some support from the short-term average at $47.34. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Customers Bancorp Inc stock

Customers Bancorp Inc finds support from accumulated volume at $46.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.17 between high and low, or 2.45%. For the last week, the stock has had daily average volatility of 3.49%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CUBI) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Customers Bancorp Inc to open at $48.31, and during the day (based on 14 day Average True Range), to move between $46.38 and $50.12, which gives a possible trading interval of +/-$1.87 (+/-3.87%) up or down from last closing price. If Customers Bancorp Inc takes out the full calculated possible swing range there will be an estimated 7.75% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $48.75 (1.04%) than the support at $46.82 (2.96%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Customers Bancorp Inc stock A Buy?

Customers Bancorp Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.931 Sell Candidate Unchanged

Predicted Opening Price for Customers Bancorp Inc of Monday, May 6, 2024

Fair opening price May 6, 2024 Current price
$48.31 ( 0.131%) $48.25

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CUBI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 49.48 2.56 %
R2 49.04 1.63 %
R1 48.76 1.06 %
Current price: 48.25
Support S1 47.87 -0.795 %
S2 47.59 -1.37 %
S3 47.14 -2.29 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 54.78 13.53 %
R2 52.25 8.29 %
R1 48.75 1.04 %
Current price 48.25
Support S1 46.82 -2.96%
S2 46.09 -4.48%
S3 45.67 -5.35%

FAQ

What is the symbol for Customers Bancorp Inc Stock and on which exchange is it traded?
The symbol for Customers Bancorp Inc is CUBI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Customers Bancorp Inc Stock?
Customers Bancorp Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Customers Bancorp Inc Stock?
Customers Bancorp Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Customers Bancorp Inc Stock.

What's the current price of Customers Bancorp Inc Stock?
As of the end of day on the May 03, 2024, the price of an Customers Bancorp Inc (CUBI) share was $48.25.

What is the 52-week high and low for Customers Bancorp Inc Stock?
The 52-week high for Customers Bancorp Inc Stock is $60.09 and the 52-week low is $15.82.

What is the market capitalization of Customers Bancorp Inc Stock?
As of the May 03, 2024, the market capitalization of Customers Bancorp Inc is 1.519B.

When is the next earnings date for Customers Bancorp Inc?
The upcoming earnings date for Customers Bancorp Inc is Jul 25, 2024.
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About Customers Bancorp Inc

Customers Ban Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company offers deposits products, including checking, savings, MMDA, and other deposits accounts. It offers loan products, including commercial mortgage warehouse loans, multi-family and commercial real estate loans, business banking, small business loans... CUBI Profile

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